VARDEÅSEN I BORETTSLAG

0179 OSLO

Finances

Share Ownership

Return on Equity

5,55 %

Current Ratio

31,24

Debt-to-Equity Ratio

−3,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 336 000	4 272 000	4 069 000	3 950 000
Net Income	−826 000	1 021 000	525 000	727 000
Total Assets	36 233 000	37 102 000	36 071 000	35 305 000
Total Equity	−14 882 000	−14 056 000	−15 077 000	−15 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 336 000	4 272 000	4 069 000	3 950 000
Expenditure	4 103 000	2 572 000	2 759 000	2 299 000
Operating Profit	233 000	1 701 000	1 309 000	1 652 000
Financial Income	18 000	14 000	14 000	14 000
Financial Costs	1 077 000	694 000	798 000	939 000
Financial Balance	−1 059 000	−680 000	−784 000	−925 000
Earnings Before Tax	−826 000	1 021 000	525 000	727 000
Tax	0	0	0	0
Net Income	−826 000	1 021 000	525 000	727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 546 000	34 546 000	34 546 000	34 546 000
Total Current Assets	1 687 000	2 556 000	1 525 000	759 000
Total Assets	36 233 000	37 102 000	36 071 000	35 305 000
Total Retained Equity	−14 887 000	−14 061 000	−15 082 000	−15 607 000
Total Equity	−14 882 000	−14 056 000	−15 077 000	−15 602 000
Total Long-Term Debt	51 061 000	51 061 000	51 061 000	50 661 000
Total Current Debt	54 000	98 000	87 000	246 000
Total Equity and Debt	36 233 000	37 102 000	36 071 000	35 305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 336 000	4 272 000	4 069 000	3 950 000
Revenue	4 336 000	4 272 000	4 069 000	3 950 000
Cost of Goods Sold	0	0	0	0
Salary Costs	195 000	194 000	216 000	270 000
Depreciation	0	0	0	6 000
Impairment	0	0	0	0
Expenditure	4 103 000	2 572 000	2 759 000	2 299 000
Operating Profit	233 000	1 701 000	1 309 000	1 652 000
Financial Income	18 000	14 000	14 000	14 000
Financial Costs	1 077 000	694 000	798 000	939 000
Financial Balance	−1 059 000	−680 000	−784 000	−925 000
Dividends	0	0	0	0
Net Income	−826 000	1 021 000	525 000	727 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 546 000	34 546 000	34 546 000	34 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	34 546 000	34 546 000	34 546 000	34 546 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 546 000	34 546 000	34 546 000	34 546 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 546 000	2 448 000	1 521 000	618 000
Total Current Assets	1 687 000	2 556 000	1 525 000	759 000
Total Assets	36 233 000	37 102 000	36 071 000	35 305 000
Total Equity	−14 882 000	−14 056 000	−15 077 000	−15 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 061 000	51 061 000	51 061 000	50 661 000
Creditors	46 000	16 000	64 000	240 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	77 000	19 000	1 000
Total Current Debt	54 000	98 000	87 000	246 000
Total Equity and Debt	36 233 000	37 102 000	36 071 000	35 305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,55 %	−7,26 %	−3,48 %	−4,66 %
Debt-to-Equity Ratio	−3,43	−3,63	−3,39	−3,25
Operating Profit Margin	5,37 %	39,82 %	32,17 %	41,82 %
Current Ratio	31,24	26,08	17,53	3,09
Quick Ratio	31,24	26,08	17,53	3,09
Equity Ratio	−0,41	−0,38	−0,42	−0,44
Gross Profit Margin	100 %	100 %	100 %	100 %